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13 Nov
14:38

S+B expects improvement in SBQ steel market activity

Schmolz + Bickenbach believes that activity in the special bar quality steel sector will increase in the short term, the company says in its business outlook. Its own business is currently experiencing a boost from the takeover of France’s Ascometal. In the third fiscal quarter, S+B sold 470,000 tonnes of products, an increase of 16% year-on-year. Order intake rose by 34% to 734,000t, although it conceded that the apparently significant increase is partly …
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